Alleged N33m Fraud: Court Issues Warrant Of Arrest on Four Staff Of UBA

The Federal High Court in Yenagoa, Bayelsa State, has issued a warrant for arrest of four staff of United Bank for Africa PLC (UBA).

Justice Abimbola Awogboro made the order on Thursday following failure of the suspects to appear in court to respond to charges in a suit: FHC/YNG/10c/2019.

The judge gave the Inspector General of Police, Mohammed Adamu, to arrest and present the suspects in court on March 30.

N.A. Timothy-Hart, the Prosecuting Counsel, from the Department of Public Prosecution (DPP), Federal Ministry of Justice filed the motion for the arrest.

This was after court ordered Nigerian Agip Oil Company to pay N33.69 million being compensation for an oil spill incident.

However, the bankers to the oil firm, UBA, allegedly reversed the payment shortly after compliance.